TODAY's TECHNICAL LEVELS:
Breakout Buy Level: 1.3333.
Strong Resistance: 1.3325.
Original Resistance: 1.3312.
Inner Sell Area: 1.3299.
Target Inner Area: 1.3268.
Inner Buy Area: 1.3236.
Original Support: 1.3224.
Strong Support: 1.3211.
Breakout Sell Level: 1.3203.
DESCRIPTION:
Today EUR/USD has support and resistance at 1.3224 and 1.3312 and is accompanied by strong support at 1.3211 and by strong resistance at 1.3325.
If EUR/USD breaks out and closes below the 1.3203 level today, then this will indicate considerable bearish strength; while if EUR/USD manages to break out and close above the 1.3333 level, then this will denote high bullish strength. Alternatively for advance traders, you can trade in a way to open a Buy position at the level of 1.3236 and at 1.3299 - a Sell position. Both targets should be placed at the level of 1.3268.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email : Arief.jakarta@indo.instaforex.com
